Silver Movement
Silver prices declined 0.36% to USD 19.34 per ounce during the 24 hours ending 23:00GMT, tracking losses in gold prices.
In the Asian session, at GMT0300, Silver is trading at 19.38, 0.18% higher from yesterday’s close.
Silver is expected to find support at 19.29, and a fall through could take it to the next support level of 19.21. Silver is expected to find its first resistance at 19.47, and a rise through could take it to the next resistance level of 19.56.
The white metal is showing convergence with its 20 Hr and 50 Hr moving averages.
